$327,000
$3K PRICE DROP

Shores of Panama 9900 S Thomas Dr Unit 1408 Panama City Beach, FL 32408

Estimated payment $3,600/month

Total Views 862
1 Bed
2 Baths
907 Sq Ft
$361 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • 24-Hour Security
  • Gated Parking
  • J.R. Arnold High School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

You've heard the name, seen the rental numbers, but just haven't found the right unit that would make you pull the trigger? Well, now you have!! OWNER FINANCING WITH 20%-25% DOWN, 6.5% interest rate, 3-5 year balloon. It doesn't get any easier than this!! Plenty of room to CASH FLOW!!! IF YOU ARE SELF-EMPLOYED AND DON'T WANT TO DEAL WITH THE BANKS FIRST-HAND, TAKE ADVANTAGE OF THIS OPPORTUNITY TO HIGH SAVE CLOSING COSTS AND CLOSE QUICK!! CALL FOR MORE DETAILS ON TERMS AND SCHEDULE A TOUR!! Check out unit 1408 -- where stunning Gulf views and resort-style amenities create the perfect coastal retreat!This meticulously furnished condo boasts chic interiors that seamlessly blend comfort with contemporary elegance. Step into a world of sophistication with tastefully curated furnishings that enhance the overall ambiance of this stunning condo. This kind of design is what helps you capitalize on the amazing rental income, as guests appreciates the space they get to build memories in with their family.Although it's a 1 bedroom, the dedicated bunk room adds a playful touch to the space, providing cozy accommodations for a memorable stay. This floor plan is more sought-after because it give that flexibility to host more guests which generates more bookings. Shores of Panama is one of Panama City Beach's most sought-after destinations, featuring a lagoon-style pool, hot tubs, DEEDED parking, indoor pool, fitness center, spa services, tiki bars, and direct beach access. Conveniently located next to Pineapple Willy's and close to shopping, dining, and entertainment -- the best of PCB is right at your doorstep.Don't miss your chance to own a piece of paradise -- schedule your private showing today!

Listing Agent

Ramone Silvera

Salty Marlin Realty LLC Listed on: 04/23/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 2007

HOA Fees

  • $1,414 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gated Parking

Interior Spaces

  • 907 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Additional Features

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include cable TV, electricity, internet, pest control, pool(s), sewer, security, trash
  • High-Rise Condominium
  • Shores Of Panama Phase I Subdivision

Amenities

  • Game Room
  • Elevator

Recreation

  • Community Spa

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,498

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,414 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Lot Size: 0*0
  • Subdivision Name: Shores Of Panama Phase I
  • Architectural Style: High Rise
  • Entry Level: 14
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave
  • Interior Amenities: Breakfast Bar, Pantry, Recessed Lighting
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 907.0
  • Dining Room Type: Kitchen, Living Room, Primary Bathroom

Exterior Features

  • Pool Features: Pool, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Gated
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Security Features: Building Security, Fire Alarm, Fire Sprinkler System, 24 Hour Security, Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 4242.13
  • Community Features: Elevator, Fitness Center, Game Room, Gated, Shopping, Short Term Rental Allowed, Waterfront, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Electricity, Internet, Pest Control, Pool(s), Sewer, Security, Trash

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4498.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Map

About Shores of Panama

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,627 $236,735 -- --
2023 $3,627 $215,214 $0 $0
2022 $2,585 $195,649 $0 $0
2021 $2,288 $177,863 $0 $177,863
2020 $2,043 $166,795 $0 $166,795
2019 $1,956 $164,028 $0 $164,028
2018 $1,754 $138,125 $0 $0
2017 $1,489 $129,200 $0 $0
2016 $1,658 $141,950 $0 $0
2015 $1,679 $139,400 $0 $0
2014 $1,586 $131,750 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $327,000 -0.3% $361 / Sq Ft
07/02/2025 07/02/25 Price Changed $328,000 -0.3% $362 / Sq Ft
06/19/2025 06/19/25 Price Changed $329,000 -0.3% $363 / Sq Ft
04/23/2025 04/23/25 For Sale $330,000 0.0% $410 / Sq Ft
04/23/2025 04/23/25 For Sale $330,000 -- $364 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $184,500 Attorney
Special Warranty Deed $11,817,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,600 New Conventional
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 772344

Central Panhandle Association of REALTORS®

APN: 40000-650-239

Florida Bay County Panama City Beach 32407

9900 S Thomas Dr Unit 1408, Panama City Beach, FL

This home is located at 9900 S Thomas Dr Unit 1408, Panama City Beach, FL 32408 and is currently priced at $327,000, approximately $360 per square foot. This property was built in 2007. 9900 S Thomas Dr Unit 1408 is a home located in Bay County with nearby schools including Breakfast Point Academy, J.R. Arnold High School, and St. Bernadette Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes
Ramone Silvera
Listing Agent
Ramone Silvera
Section Image
Salty Marlin Realty LLC
(448) 217-3384